Hacker News new | ask | show | jobs
by phyalow 393 days ago
Speculation is a legitimate use case.

There is substantially more to it than that but I will let you chew that over just to point out how blatantly incorrect your prior is.

1 comments

Speculation is as much valuable use case as my nails are to be chewed. Sure, it works, doesn't mean it's a good thing.
An alternative to an inflated, state controlled currency is another use case. The last few years should have made that plenty clear.
Casinos, Financial Markets of all denominations, Horse Racing are also examples of pure play speculation. Speculation is often just a form of entertainment.

Your moral equivocation is utterly irrelevant.